Aldermen Seek a Credit Approval of 334 Million Pesos

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August 19th 2013 * In a special council session, the hiring of several funding operations will be analyzed, which are payable in 20 years, and will be allocated to productive public investment in restructuring loans in the amount of 334 million 821 thousand 447 pesos.

This Tuesday in a special meeting at City Hall, councilors are seeking the approval of a loan of 334 million 821 thousand 447 pesos, payable in 20 years. The goal is to allocate consistent productive public investment for restructuring loans.

On the agenda for Tuesday August 20 for the special meeting of the council scheduled to begin at 16 hours, in the point 3.2 is established the mayoral initiative presented by the mayor, Ramón Demetrio Guerrero Martinez, which authorizes the municipality of Puerto Vallarta, Jalisco to hire one or more financing options in one or more transactions, payable within up to 20 years each, to be allocated to consistent productive public investment for the restructuring of loans of the municipality of Puerto Vallarta, by prepayment or modification of terms and conditions of the current credit agreements up to the amount of 334 million 821 thousand 447 pesos.

It is noteworthy that in the three years of PRI rule under Javier Bravo Carbajal, loan applications began at that time with the support of four councilmen from the PAN, including the present mayor's adviser, named Santiago Centeno. The most notorious was the one of 450 million pesos that is still being payed today.

Then the also PRI government of Salvador González, only paid very little of the interest on that debt, without having even shown interest in solving the public works of the state pension and suppliers.

In the campaign facing last year's elections, the then candidate for municipal president, Ramón Guerrero with the flag of movimiento ciudadano, vowed that he would not allow the looting of the city coffers and that responsibility would be pinned against the alleged perpetrators.

Since that October 1, 2012, after the first 10 months of administration, things seem to remain the same without the least intention of this government to file the appropriate criminal charges to determine the responsibility of looting the city coffers.

Today Ramon Guerrero turns to the mayoral body in a special meeting for the practice that he himself criticized at the time, exposing Puerto Vallarta, to a series of economic credits.

It is noteworthy that this Tuesday, two points will be treated in the agenda, the first is the application for credit, in another point, in an extraordinary session of council, the mayoral agreement initiative is established, which is presented by the mayor Ramón Demetrio Guerrero Martínez, with a proposal of amendments to the regulations of the award, allocation and public works contract of Puerto Vallarta in order to harmonize the methods and procedures for the selection of contractors and contracting modalities of the municipal public works with the applicable state standards in this area.

[readon1 url="http://www.noticiaspv.com/ediles-van-por-aprobacion-crediticia-de-334-mdp/"]Source: NOTICIASPV.COM Translated by Rene Tripp[/readon1]